abrdn Healthcare Opportunities Fund
THQ
47 hedge funds and large institutions have $115M invested in abrdn Healthcare Opportunities Fund in 2016 Q3 according to their latest regulatory filings, with 5 funds opening new positions, 24 increasing their positions, 10 reducing their positions, and 6 closing their positions.
140% more repeat investments, than reductions
Existing positions increased: 24 | Existing positions reduced: 10
11% more capital invested
Capital invested by funds: $103M → $115M (+$11.6M)
0.83% more ownership
Funds ownership: 14.12% → 14.96% (+0.83%)
0% more funds holding in top 10
Funds holding in top 10: 1 → 1 (0)
6% less funds holding
Funds holding: 50 → 47 (-3)
17% less first-time investments, than exits
New positions opened: 5 | Existing positions closed: 6
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Morgan Stanley
New York
|
+$2.54M |
| 2 |
Wells Fargo
San Francisco,
California
|
+$1.76M |
| 3 |
Royal Bank of Canada
Toronto,
Ontario, Canada
|
+$1.11M |
| 4 |
RJA
Raymond James & Associates
St Petersburg,
Florida
|
+$1.01M |
| 5 |
RJFSA
Raymond James Financial Services Advisors
St. Petersburg,
Florida
|
+$1.01M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Stifel Financial
St. Louis,
Missouri
|
-$498K |
| 2 |
CCM
Coe Capital Management
Highland Park,
Illinois
|
-$484K |
| 3 |
TJHA
Thomas J. Herzfeld Advisors
Miami Beach,
Florida
|
-$379K |
| 4 |
Janney Montgomery Scott
Philadelphia,
Pennsylvania
|
-$221K |
| 5 |
KIM
Karpus Investment Management
Pittsford,
New York
|
-$201K |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
FNBT
51
FineMark National Bank & Trust
Fort Myers,
Florida
| – | -$17K | -1,000 | Closed |
|
|
SIM
52
Sonora Investment Management
Tucson,
Arizona
| – | -$16.6K | -1,000 | Closed |
|
53
Deutsche Bank
Frankfurt Am Main Ge,
Germany
| – | -$9K | -600 | Closed |
|
|
CFA
54
Carroll Financial Associates
Charlotte,
North Carolina
| – | -$4K | -250 | Closed |
|
THQ Hedge Fund Activity: Q3 2016 in Review
47 of the 3,748 institutional investors tracked by Wall St. Rank reported a position in abrdn Healthcare Opportunities Fund (THQ) for Q3 2016, worth a combined $115M — up 11% from $103M a quarter earlier.
Sellers outnumbered buyers: 6 funds closed out of THQ and 5 opened new positions — a net loss of 1 holder — while 10 trimmed existing stakes and 24 added.
The largest buyer was Morgan Stanley, adding an estimated $2.54M. The largest seller was Stifel Financial, cutting an estimated $498K.
- 47 institutional investors held abrdn Healthcare Opportunities Fund (THQ) as of Q3 2016, down from 50 in Q2 2016.
- Funds reported $115M of abrdn Healthcare Opportunities Fund stock for Q3 2016, up 11% quarter-over-quarter.
- 5 funds opened new abrdn Healthcare Opportunities Fund positions in Q3 2016 and 6 closed out, a net change of -1 holder.
- The largest abrdn Healthcare Opportunities Fund buyer in Q3 2016 was Morgan Stanley, an estimated $2.54M added.
- The largest abrdn Healthcare Opportunities Fund seller in Q3 2016 was Stifel Financial, an estimated $498K sold.
Based on aggregated 13F filings for Q3 2016.